Government has resolved to increase PostBank’s authorised share capital by 400% from UGX100 Billion to UGX500 Billion.For customers, this means that access to low-priced financing would further be enabled while…
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Uganda Revenue Authority (URA) has commended Ugandans for enduring COVID-19 pandemic and other global crises that affected the economy and paying obligated tax fares, marking the Financial Year 2021/22 collection…
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The Private Sector Foundation Uganda (PSFU) recently put together a panel of experts who analysed the impact of UGX. 48.1 trillion national budget for the Financial Year 2022/2023 that was…
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The former Secretary to the Treasury (PSST), Keith Muhakanizi has distanced himself from the processes that saw the disbursement of supplementary funds by the Finance Ministry for land compensations.Muhakanizi said…
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At exactly 5.30am on Sunday morning January 23rd 2022, the governor of the Bank of Uganda, Emmanuel Tumusiime-Mutebile, breathed his last in a Nairobi hospital. He had been battling illness…
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The Ministry of Finance, Planning and Economic Development (MoFPED) Permanent Secretary/ Secretary To The Treasury, Mr Ramathan Ggoobi has today written to Parliament, clarifying the status of the Government’s 25%…
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President Yoweri Museveni has eased the no movement lockdown instituted last month for 42 days.The President said that the decision to relax the lockdown was reached after the national taskforce…
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Uganda’s merchandise trade deficit widened by 50% from USD 269.25 million in April 2021 to USD 322.17 million in May 2021, reflecting stronger import demand.Compared to May 2020, the deficit…
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Uganda’s Emmanuel Nyirinkindi has been appointed to a senior job at the World Bank is an endorsement for locally bred capabilities and professionals.Nyirinkindi was last week appointed the vice president…
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Standard Chartered Bank Uganda has announced the appointment of Maria Kiwanuka to its Board as an Independent Non- Executive Director. Kiwanuka is a senior economist with 14 years’ experience at the…
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